@return2ozma to News • 7 months agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square198arrow-up1553arrow-down131cross-posted to: economicsaboringdystopia
arrow-up1522arrow-down1external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.com@return2ozma to News • 7 months agomessage-square198cross-posted to: economicsaboringdystopia
minus-square@Pixlbabblelink5•7 months agoAnd that’s while already having a trillion in credit card debt.
minus-square@[email protected]linkfedilinkEnglish11•7 months agoThe wonderful thing about debt is, if you have enough of it, it suddenly becomes somebody else’s problem.
minus-square@Pixlbabblelink1•7 months agoI wish I can go back in time to when I was 18 and never accept that damn cc offer. Took 30+ years to pay off since it started a series of debt that didn’t stop until I changed my life.
And that’s while already having a trillion in credit card debt.
The wonderful thing about debt is, if you have enough of it, it suddenly becomes somebody else’s problem.
I wish I can go back in time to when I was 18 and never accept that damn cc offer. Took 30+ years to pay off since it started a series of debt that didn’t stop until I changed my life.